Ashcroft Inc. Acquired by Nagano Keiki Co., Ltd.STRATFORD, Conn. -- John McKenna John McKenna (1855 – March 1936) was an Irish self-made businessman and former rugby player, who was the first manager of Liverpool. He was a friend of John Houlding and remained with him after Everton left Anfield for Goodison Park. , CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , announced that on May 30 the transaction was completed whereby Nagano Keiki Co., Ltd. (Nagano) acquired the shares of Ashcroft Holdings, Inc. ("Ashcroft") from KPS KPs keratic precipitates. Special Situations Funds ("KPS"). Ebro Electronics GmbH, headquartered in Germany, remains in the KPS portfolio. McKenna further commented, "I am extremely excited about our future and am confident, that the combined strengths of both companies will better position us to supply high quality products and services to our customers on a global basis." About Nagano Keiki Co., Ltd. Nagano Keiki Co., Ltd. is a leading manufacturer of pressure gauges pressure gauge Instrument for measuring the condition of a fluid (liquid or gas) that is specified by the force the fluid would apply, when at rest, to a unit area, such as pounds per square inch (psi) or pascals (Pa). , transmitters, and temperature gauges primarily used in automobiles. The company also makes equipment for the semiconductor industry, such as pressure regulators, transducers, digital pressure gauges and power supplies. Listed on the Tokyo Stock Exchange Tokyo Stock Exchange Main stock market of Japan, located in Tokyo. It opened in 1878 to provide a market for the trading of government bonds newly issued to former samurai. , the company is headquartered in Tokyo, Japan. About Ashcroft Inc. Ashcroft Holdings Inc. manufactures gauges, thermometers, switches, transducers, transmitters, calibration equipment and isolators for pressure and temperature measurement, monitoring and control. Product brands include Ashcroft(R), Heise(R), Willy(TM) and Weksler(R). As a global provider, Ashcroft Inc. maintains a network of manufacturing facilities, sales offices and distributors worldwide. Headquartered in Stratford, CT, it also has operations in Brazil, Germany, Canada, Mexico and Singapore and joint ventures in Saudi Arabia Saudi Arabia (sä  `dē ərā`bēə, sou`–, sô–), officially Kingdom of Saudi Arabia, kingdom (2005 est. pop. and Venezuela. The company's website can be accessed at: www.ashcroftinc.com.
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